1235 ET - Birkenstock's latest earnings report is close to the bar, or maybe slightly below it, but the main positives are its quarterly revenue and adjusted Ebitda margins beats, UBS analysts say in a research note. The sandal maker also indicated that its strong growth outlook is intact, the analysts say. "We continue to believe Birkenstock has the potential to expand its dominance as a premium casual footwear brand on a global basis," the analysts add. Shares slip 0.4% to $56.95. (sabela.ojea@wsj.com; @sabelaojeaguix)
(END) Dow Jones Newswires
December 19, 2024 12:35 ET (17:35 GMT)
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